Novra Technologies Inc said it has inked term sheets to purchase Wegener Corporation and Westport Research Associates. Terms of the deals were not disclosed in the statement about the acquisition.
United States
California-based Jaguar Animal Health secures $2M from BVCF for initial close of Series A round
Jaguar Animal Health Inc, a company that focuses on making veterinary products, received $2 million from BioVeda China Fund, a private equity firm based in China.
Hackers accessed Target via heating/AC subcontractor
Hackers responsible for the data breach on Target stores over the holiday season gained access using log-on credentials for heating, refrigeration, and air conditioning, according to a post on Krebs on Security written by former Washington Post reporter Brian Krebs.
Facebook to launch edit tool for 'Look Back' videos soon
Facebook launched an individualized and automated "Look Back" video feature in time for its 10th anniversary, but a source said the social networking giant will be releasing an edit tool to allow users to customize the photos included in the clip.
LaunchPad opens co-working space for Huntington startups
Mineola-based LaunchPad in Long Island extended its reach to startups in Hungtington with the opening of LaunchPad Huntington, another co-working space where startups can rent desks and offices until they are able to expand to nearby offices.
Latest News
Mike Cousins and Cliff Weiner, former executives of Orix USA, have been hired by Preston Hollow Capital, reuniting them with their former CEO Jim Thompson, Bloomberg reported.
Google advertising executive Susan Wojcicki is reportedly being promoted to chief position at YouTube to improve the latter's video ad revenue, according to The Information.
Amazon has bought Double Helix Games, a gaming studio based in Irvine, California created from the merger of The Collective Inc and Shiny Entertainment. Terms of the deal were not disclosed, TechCrunch reported.
The New York City Police Department's intelligence and analytics unit is checking out if Google's latest innovation, Google Glass, can be used for law enforcement, VentureBeat reported.
Secret British spy unit Joint Threat Research Intelligent Group (JTRIG) launched a distributed denial of service (DDOS) attack on US-based hacktivist group Anonymous' Internet chat rooms, according to leaked NSA documents obtained by NBC News.
San Francisco, US-based mobile shopping platform secured $10.5 million in a Series B funding led by Khosla Ventures to make the process of ordering and paying for food via mobile an easier process.
Magic Leap Inc, a company that VentureBeat reported as being into "some hardcore science-fiction type stuff" has secured $50 million to successfully close its first funding round.
New York, US-based lending platform Fundera raised $3.4 million in funding from a recent venture round to help connect small businesses to a network of certified lending alternatives to banks.
Apartment List, an online rental marketplace, was able to raise an additional $6 million in financing in a follow-on round led by Glynn Capital and Passport Capital, TechCrunch reported.
